Analysis of Five Consecutive Limit-Up Days for Rongji Software (002474): Performance Pressure and Capital Game Under Concept Speculation

Rongji Software (002474) entered the limit-up pool in November 2025 and recently saw five consecutive limit-up days, becoming the focus of the market [0][1].

As of November 21, 2025, Rongji Software’s stock price reached 12.45 yuan, with a cumulative increase of 61.06% over the past five trading days, hitting an eight-year high [0][1]. The stock ranks among the top in the list of continuously rising stocks [4].

Despite the strong stock price, the company’s fundamentals are under pressure. In the first three quarters of 2025, Rongji Software achieved revenue of 366 million yuan, a year-on-year increase of 0.96%; the net profit attributable to shareholders was a loss of 32.5519 million yuan, with the loss expanding year-on-year [0][1]. In the main business composition, system integration revenue accounted for 65.78%, software products and services accounted for 25.93%, and park comprehensive operation and development revenue accounted for 8.29% [0].

Rongji Software is classified as an AI application concept stock and a member of the Information Innovation (Xinchuang) sector [0][3], benefiting from the recent rise in AI technology application and policy expectations for the Xinchuang industry. In addition, the company belongs to the Fujian Sector, and regional concept speculation also provided support for the stock price [0].

Dragon Tiger List data shows that institutions net bought 72.6188 million yuan, and hot money seats actively participated in transactions [0]. The joint promotion by institutions and hot money is an important factor in the continuous rise of the stock price this time [0][4].

It should be noted that there is an obvious divergence between the company’s fundamentals and stock price performance. Concept speculation under the state of performance loss may bring higher stock price volatility risks, and investors should remain cautious [0][1].